AAOS Now, July 2016
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Acronyms 101: Sifting Through Alphabet Soup, Part 4
In this our final article on healthcare policy acronyms, we address the acronyms and abbreviations seen in bundled payments and various practice-related terms. We understand that more could certainly be written on acronyms, but we believe that our four-part series has covered the most commonly used terms. As the MACRA legislation continues to unfold, there will undoubtedly be further proliferation of acronyms in the healthcare policy conversation.
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Why Workers' Comp Matters
The current workers' compensation system is a medical driven legal compromise, commonly described as the "grand bargain" between employers and labor. The impact of the workers' compensation system was clearly stated as long ago as 1982, by Florida District Court of Appeals Judge E.R. Mills, in the case of Singletary v. Mangham Construction (418 So.2d 1138). According to Judge Mills, "Workers' Compensation is a very important field of law, if not the most important.